20/20 BUILDING LIMITED

🏛️Establishedactive
12301132 · ltd · incorporated 2019-11-06
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£-18.5k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £18,510

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£19k
↓ 585% YoY
Current Assets
£22k
↓ 42% YoY
Current Liabilities
-£19k-£7k£4k£16k£27k£38kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£15.6k£37.1k
Current assets£22.1k£38.2k
Net assets£-18.5k£-2.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-07-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-09-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2020-09-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2020-09-14
    📄
    capital-allotment-shares
    capital · SH01
  9. 2020-09-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2020-09-01
    OZDES, Mehmet appointed
    director
  11. 2019-11-06
    🏢
    Company incorporated
    As 20/20 BUILDING LIMITED
  12. 2019-11-06
    KIRCAY, Nemide Halil appointed
    director
  13. 2019-11-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mehmet Ozdes
Individual · British · DOB 03/1962 · age 64
2550%
25–50%board control25-50% shares · 25-50% voting · board control01/09/2020
Mrs Nemide Halil Kircay
Individual · British · DOB 08/1972 · age 54
2550%
25–50%board control25-50% shares · 25-50% voting · board control · firm interest06/11/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-11-06
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings

Registered office

266-268 High Street
Waltham Cross
EN8 7EA
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (2 active · 0 resigned)

KIRCAY, Nemide Halil
director · ~54y · appointed 2019-11-06
View their other companies + combined net worth →
Active
OZDES, Mehmet
director · ~64y · appointed 2020-09-01
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-09-18
capital-allotment-shares
capital · SH01
2020-09-14